Is Upper Saucon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Upper Saucon Township was a Buyer's Market.
Key Takeaway
Upper Saucon Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Upper Saucon Township, PA
How much do homes in Upper Saucon Township, PA cost?
Median Sold Price
$506,500
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Upper Saucon Township have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in Upper Saucon Township was $506,500 in April 2024, up 15.1% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $347.5K | $325K | -6.5% |
| 3 Bedrooms | $364.5K | $415K | +13.9% |
| 4 Bedrooms | $617.5K | $565K | -8.5% |
| 5+ Bedrooms | $809K | $870K | +7.5% |
Summary: Upper Saucon Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Cities
| Coopersburg | $363K | $425K | +17.1% |
| Upper Saucon Township | $439.9K | $506.5K | +15.1% |
| Center Valley | $415K | $452.5K | +9.0% |
| Springfield Township | $418.5K | $455K | +8.7% |
| Salisbury Township | $305K | $330K | +8.2% |
Housing Supply in Upper Saucon Township, PA
How many homes are available in Upper Saucon Township, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 58 | +26.1% |
Summary: The Upper Saucon Township real estate market had 58 homes for sale in April 2024, a 26.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 24 | +26.3% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Upper Saucon Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Saucon Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Upper Saucon Township in April 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Upper Saucon Township, PA
How long does it take to sell a home in Upper Saucon Township, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 22 Days | -21.3% |
Summary: Homes in Upper Saucon Township had an average of 22 days on market in Apr 2024, down by 21.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Upper Saucon Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Upper Saucon Township; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
